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Party Like It's 1999 - Google Breaks $1000
Presented with little comment aside to note that Google (3rd largest market cap in the S&P 500) is now up 13% on the day... (at $1007.40)
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Compared to some of these other tech names, Google looks like a value stock.
They're getting ready to IPO iPets.com next month.
Doesnt the company name imply the ultimate price?
Google.gov
It's got a nice ring to it.
Also Google.il, I like that tooooo.
Big money in spying on people.
A company who was funded by the CIA, who rolls over for the NSA, who have lobbyist teabagging politicians, whose very existence was made possible by DARPA during the cold war and was financially kickstarted and continues to be sheparded by Too Big to Jail Banks and sells your information to Big Business.
Oh yea, if that ain't Fascism on parade I don't know what is.
When Fascism rules the day.....then BUY, BUY, BUY Fascist based companies.
inflation raises the stock market, google it!
Hell.....I'm driving up the stock price just by opening a free Google+ account so they can make a buck off me and my info. Plus I'm feeling like I need to be a better citizen so I will share my entire life through Google+ and link my account up with Facebook and Twitter so those stock prices can go up AND as a bonus make it easier for the NSA to track me as well
So I guess.....I'm actually making money on the internet like all those spam messages I get and I'm having fun detailing my useless life to everyone including Big Business and Big Brother.
Win !!!!
Situation in a nut shell:
Baidu switched to accepting BitCoins as a standard payment. Someone is attempting to make sure a hostile takeover doesn't happen to it's crown jewel. Won't work though. Once China dumps the TBills you could trade a bag of lint for the entire IT industry in the US based on paper value. Hyperinflation is a bitch, especially when it comes to company take overs and stock prices.
If google wants to stay in the game now...it MUST, not MIGHT accept BitCoins or it's going to become one of MANY IT companies on the pile of dead shells. And it's had to do it about eight months ago.
Only action Google could do to counter Baidu is to force a change of currency to PM's and real valuation or it will lose everything in about a year and a half.
However judging by the Radioactivity coming out of Japan now and down the Californian coast. There just won't be anyone at Google anyways to worry about it.
Baidu announcement on BitCoins. (aka Google is fucked)
http://jiasule.baidu.com/news/525cd5aabf9efd699f800e7e/
Google Adwords pay per click
Google NSAwords pay per snoop
(I will just vote present)
I vote kick their ass.
Don't leave out data mining all your emails.
Anyone want in with a groundlevel 'deposit' for IPoop.net?
"Compared to some of these other tech names, Google looks like a value stock."
But for an advertising driven media company, it looks awfully rich.
How can you put a PE on the world's second largest spy organization... it's a growth industry babyyyyyyyyy!
We know Google, MS, Apple, IBM, Yahoo, AT&T, Verizon an other Tech companies are on the NSA dole but....
Can anyone let me know if Amazon is selling our info? I like Amazon and the way they are doing business but I have to believe they are in deep dog poo with the NSA as well.
Any sources out there?
Based on their margins, I doubt they're selling it...they might be giving it away.
Amazon's been quietly announcing some contract wins in government-related bids for dp services - prolly not a coincidence. Everything's getting rolled up together - pretty soon you won't be able to see where gubmint stops and "private industry" begins - it'll all be one and the same, way more so than now.
Pretty soon? How about for the last 5 years...
Need some music! 1999 - Prince - http://youtu.be/UjivDeA7Qu0
Prince has youtube on lockdown, I can never get any of his songs.
Is the NSA priced in?
Priceline beat them to $1000 a while back.
http://finance.yahoo.com/q/bc?s=PCLN+Basic+Chart
Indeed they did, Doc. I'd go with the one that has the least involvement with the NSA.
Indeed they did, Doc. I'd go with the one that has the least involvement with the NSA.
Which is.....???
For Shatner's sake I hope he sold his Priceline shares at $1,000.
Are you kidding me ? PCLN headed to 2000. Here on it will only increase in increments of a 100.
What goes (parabolically) up ...
http://www.youtube.com/watch?v=LI8NDA_-zOo
"they don't ring a bell at the top" ??????????
Should be in the DJNIA
Amazing..anyone feel likes its 1999 again..just waiting for the dot com bubble to burst....pro forma income....IPO heaven....stocks to the moon...I can´t complain to much..I sold a lot of real estate to some of the Dot Com instant millionaires..cha ching..
So totally worth it!
Every. Fucking. Penny.
ugh.
I sure it's magnums of Dom Perignon and Cohibas over at the NSA...
Krystal and Crunk, like any other wanna-be "gangsta" bitchez.
when this bubble bursts there will be MISERY.
I long ago thought that what goes up, must come down. I don't any more.
This bubble won't burst. It won't be allowed to. It may stop permanently, but it won't burst.
There is a difference.
I have been reluctantly thinking the same for about a year now but, hey, I am still too scared to jump in to stocks.
and just as soon as you jump in, the whole house of cards will come crashing down.
that's today's fucked up investing world.
When my brother and I were kids playing with Lego blocks we would build the tallest structure and then push it over to see how it crumbled and would call out GO LEGO,
It just occurred to me that GO LEGO is an anagram of GOOGLE.
Let us see where this ends up.
When does GOOG overtake the price of an ounce of gold?
Amazing the blowtorching they give shorts at every opportunity. A steady ramp from 900 to 940 would be one thing, but they just blast all the stops out of the water by reverse-baumgartnering it up in all of, 3 minute?
That's the kind of news to lure the dawdlers into the market.
Next buy? Twit-ter.
the French call it "Tweeter".
Shit, I read the headline too quickly. Thought it said Gold breaks 1000.
Had the truck in reverse and was about to pin it!!!
Dot com 2.0!!!
All hail the New emperor of the digital empire. And we will print to protect its preeminence.
You can bet on that.
I wonder how many shares Sergei and Larry are selling today? One million shares at $1000 is a cool quick billion.
The problem with Price line blowing through $1000 is that it set a new bar, so expect many more stocks to blow right through.
I'm thinking Chipotle next, then Solar City. The bigger the bullshit, the greater the stock price.
What would happen if Google held a monopoly on BOTH the Market and data?
The plot is only going to thicken from here. A honey trap plot and Larry's scratchy throat couldn't hold them down.
Print Yellen PRINT!! Warren Buffet needs a new yacht.
Fine, I'll buy the puts, putzes.
That's funny because I remember the GOOG IPO and Cramer (that POS) telling everyone to stay away from GOOG - later I learned he took this position becasue he was cut out of the deal and not in on the corruption so he got no free $ out of it. What a POS.
A little light reading on a peer reviewed paper. ALL YOUR PRIVACY ARE BELONG TO US
http://ir.lawnet.fordham.edu/cgi/viewcontent.cgi?article=1280&context=iplj
They're ALL IN...it continues until it can't
I sold this POS company the moment the NSA scandal broke. Do no evil - right.
Calling bs on the NSA scandal. NSA (like the British monarchy) saw real profits and wanted their share of the pie.
Google has enough money to buy the NSA.
Germany got it right in the past. They found Google guilty of "spying" with it's mapping project and slapped them on the wrist to correct the problem. Which is much more level headed than ruining livlihoods with punishment.
The only way the NSA and China has real influence on Google is to buy up enough shares of Google to be influential. The Unions own the company they're :protecting" their members from.
Otherwise, they were only kidding. You put your money where your mouth is.
Calling bs on the NSA scandal. NSA (like the British monarchy) saw real profits and wanted their share of the pie.
Google has enough money to buy the NSA.
Germany got it right in the past. They found Google guilty of "spying" with it's mapping project and slapped them on the wrist to correct the problem. Which is much more level headed than ruining livlihoods with punishment.
The only way the NSA and China has real influence on Google is to buy up enough shares of Google to be influential. The Unions own the company they're :protecting" their members from.
Otherwise, they were only kidding. You put your money where your mouth is.
An ocean of Fed QE money to put into stocks.
Absolutely Brilliant idea!
The Company has been getting hammered by the rest of the World for the revelations coming out of NSA and CIA's use of this "flagship company" for spying which was funded and rigged by the U.S. Government from it's inception.
This should help the Company's PR agenda?!!! If all else fails "just add water" and watch the stock price hit the stratosphere.
I think the boyz and girlz and Fort Meade and Langley must be feeling lucky!
I only wanted Goog to do a stock SPLIT. They probably have more value than the US government.
Trouble is that their true PE ratio prolly jumped from 60 (NOT 30, but 60- do the math from their financial reports yourself)... the real PE ratio is prolly 80-90 by now.
Funny how Google is "helping the NSA". They could buy the NSA. I'm not talking about buying a few politicians.
I think they can afford this country, they have enough power to do so. THe problem with that is we're way overpriced.
I wouldn't buy the US either.
If you think Enron had no liquidity, look at the US Treasury. Sure they can say "fully guarenteed"? Since most of the IRS revenue comes from INCOME TAXES, how do you guarentee public sector payments without a private sector?
We have no leverage in the private sector. Except for Google's REAL stock price. Google's bubble still has more liquidity than the U.S. Treasury.
Google is one of my favorite companies. Except for the lame animations on their home page, this is one of the few innovations from the tech sector that actually brought value to my life. I learned how to do my own plumbing thans to Google. I figured out how to get rid of a health issue thanks to Google and scientists. I got some good answers about the socio-fiscal state of the world today thanks to Google.
The trouble is that Google (even with it's handle on information technology) is STILL A BUBBLE.
Google... lol
The fall from grace will be a long one...
This bubble is begginng to look alot like Y2K , and then the CRASH. but this time will be the CRASH of CRASHES because of the Derivatives in the TRILLIONS.
I better buy in now before it hits $2000/share!
:-)
HOLY FUCKING BONER!!!!!!!!!!!